---
ticker: "QQEW"
name: "First Trust Nasdaq-100 Select Equal Weight ETF"
url: "https://etf.net/etf/QQEW"
grade: "C"
score: 45
graded_at: "2026-10-12"
category: "US Multifactor"
category_rank: "75 of 99"
methodology: "https://etf.net/methodology"
---

# QQEW: First Trust Nasdaq-100 Select Equal Weight ETF

Grade **C**, Score 45 of 100. Rank 75 of 99 in US Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 22 | 77 of 99 |
| Mission | 62 | 76 of 86 |
| Risk | 20 | 92 of 97 |
| Tradability | 81 | 12 of 99 |
| Holdings | 45 | 67 of 98 |
| Durability | 75 | 19 of 99 |

## Top holdings

The fund holds 51 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MRVL | Marvell Technology, Inc. | 2.57% |
| 2 | AMD | Advanced Micro Devices, Inc. | 2.55% |
| 3 | META | Meta Platforms, Inc. (Class A) | 2.48% |
| 4 | DDOG | Datadog, Inc. (Class A) | 2.45% |
| 5 | SHOP | Shopify Inc. (Class A) | 2.29% |
| 6 | ALAB | Astera Labs, Inc. | 2.28% |
| 7 | TER | Teradyne, Inc. | 2.28% |
| 8 | FTNT | Fortinet, Inc. | 2.25% |
| 9 | ISRG | Intuitive Surgical, Inc. | 2.22% |
| 10 | ADI | Analog Devices, Inc. | 2.22% |
| 11 | PLTR | Palantir Technologies Inc. (Class A) | 2.22% |
| 12 | KLAC | KLA Corporation | 2.20% |
| 13 | ARM | Arm Holdings Plc | 2.18% |
| 14 | PANW | Palo Alto Networks, Inc. | 2.17% |
| 15 | MPWR | Monolithic Power Systems, Inc. | 2.16% |
| 16 | TXN | Texas Instruments Incorporated | 2.15% |
| 17 | MU | Micron Technology, Inc. | 2.12% |
| 18 | AAPL | Apple Inc. | 2.10% |
| 19 | LRCX | Lam Research Corporation | 2.09% |
| 20 | MSFT | Microsoft Corporation | 2.09% |
| 21 | ASML | ASML Holding N.V. (New York Registry Shares) | 2.08% |
| 22 | CDNS | Cadence Design Systems, Inc. | 2.06% |
| 23 | NVDA | NVIDIA Corporation | 2.05% |
| 24 | QCOM | QUALCOMM Incorporated | 2.04% |
| 25 | MCHP | Microchip Technology Incorporated | 2.03% |
| 26 | SNDK | Sandisk Corporation | 2.00% |
| 27 | AVGO | Broadcom Inc. | 1.93% |
| 28 | MELI | MercadoLibre, Inc. | 1.93% |
| 29 | ALNY | Alnylam Pharmaceuticals, Inc. | 1.91% |
| 30 | AMGN | Amgen Inc. | 1.91% |

Source: etf.net, https://etf.net/etf/QQEW. Please cite the page URL.